Sunday, Dec 09, 2007

BTL next for the run?

Telegraph: Run on property funds as buildings fail to sell

Uncertainty over pricing in the market and expectations that valuers will knock a further 8 to 10 per cent from valuations in the current quarter have left commercial property buyers reluctant to enter the market.
A spokesperson for the FSA said: "We are monitoring the situation with property funds and their redemption policies closely."

Thats a big help then.

Posted by cheeky charlie @ 11:05 AM (270 views) Add Comment

1 Comment

1. confused76 said...

Read more about the risks of asset illiquidity at

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/09/ccprop209.xml

http://www.telegraph.co.uk/money/main.jhtml;jsessionid=20A42STRBMFRPQFIQMGCFFWAVCBQUIV0?xml=/money/2007/12/09/ccprop109.xml

Sunday, December 9, 2007 12:02PM Report Comment
 

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